|Bid||1.75 x 5800|
|Ask||1.77 x 5500|
|Day's Range||1.76 - 1.81|
|52 Week Range||1.56 - 3.51|
|PE Ratio (TTM)||30.34|
|Dividend & Yield||0.07 (3.53%)|
|1y Target Est||N/A|
Much of the discussion surrounding another interest rate hike in December has been about how inflation numbers have remained low.
After a stupendous 2016, the South African gold miners (GDX) have had a disappointing run so far in 2017. As a group, they’ve lost 10.8% YTD.
AngloGold Ashanti (AU) saw its last recommendation change in May 2017, when CIBC downgraded the stock to a “sector perform” rating.
The US dollar and global tensions have been crucial in determining the prices of precious metals and mining shares. On Monday, October 2, mining shares saw mixed movement against precious metals.
Rising tensions in North Korea, heightened political uncertainty in Washington, and policy changes by the Fed have all moved precious metals in August and September.
The past week was full of ups and downs for mining shares as the Federal Reserve and the tensions in North Korea pulled the gold sentiment to each side.
As mining companies are known to closely track precious metals, in this article, we'll look at how a few miners have moved over the past month as well as their technical indicators.
A weakness in the dollar often becomes positive for dollar-denominated assets such as gold and silver. However, the relationship between gold and the dollar may not always stay strong.
Precious metals and most mining stocks have risen over the past one-month period, thanks to recent geopolitical tensions and the risk element in the market. September 1 was an up day for gold, silver, ...
Profits tumbled at South African miner Harmony Gold Mining during the year that ended June 30, the company said, due to impairments at some of its mines and a provision raised for a possible lawsuit settlement....
On August 2, silver dropped $0.18 to close at $16.80 per ounce, while palladium fell 0.13% to end the day at $892.20 per ounce.
Most mining shares saw a downturn in their price on August 3 as precious metals also fell. The past few weeks were beneficial for miners.
When reading the platinum market, it's important to look at the relative performance of platinum and gold by using the gold-platinum ratio.
In this part of the series, we'll look at the technicals of mining stocks such as Pan American Silver (PAAS), Barrick Gold (ABX), Hecla Mining (HL), and Kinross Gold (KGC).
In this part of the series, we'll discuss the technicals of mining stocks Eldorado Gold (EGO), Alacer Gold (ASR), IAMGOLD (IAG), and Harmony Gold (HMY).
When reading the platinum market, it's important to analyze the comparative performance of platinum and gold by using the gold-platinum ratio or spread.